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What are additional charges paid to the bank called?
Banks usually call these charges "fees".
What do you mean by folio charges?
Folio charges or service charges are account maintenance fees. Folio charges are usually charged to customers of a financial institution on an annual basis.
What are adminstration charges?
Fees/ or charges that are added or presented to you for providing a service; this is normally an additional service that you required which costs the company which is providing you with the service additional money. By charging the customer "administration charges" they can recover some or all of the costs that they have incurred. For example: Banks may charge administration charged for providing you with a letter of reference. A removal company may charge administration charges for clearing your goods through customs.
How banks get their profits?
Banks get their profits from the below actions:By charging customers for the services offered to them - Ex: Charges for fund transfers, Charges for account maintenance & opening etcBy getting interest from customers to whom loans are provided.
The interest rate charged to banks borrowing from the Federal Reserve is known as the?
Repo rate
Is the nucleus of an atom negatively charges?
Firstly it's charged not charges. But no it is not negatively charged but positivly charged.
What are negative interest rates?
A negative interest rate is when the central bank charges banks a small percentage for depositing their money there. The hope is that this will encourage the banks to lend their money rather than keeping it and being charged.
Why does a charged body attract an uncharged body?
The charged body will induce a separation of charges in the uncharged body.The charged body will induce a separation of charges in the uncharged body.The charged body will induce a separation of charges in the uncharged body.The charged body will induce a separation of charges in the uncharged body.
Can criminal charges be added which were overlooked?
Yes. Charges that are not charged at the time of arrest can be charged and prosecuted later.
How a conductor is charged?
A conductor is charged by the movement of electric charges, creating an electric field that influences the charges within the conductor, causing them to redistribute accordingly. This redistribution of charges results in the conductor becoming charged.
What will opposite charges do according to the law of electric charges?
Opposite charges will attract each other according to the law of electric charges. This means that a positively charged object will be attracted to a negatively charged object.
When a charged object polarized another why is there an attraction between the object?
The charged body will induce a separation of charges in the uncharged body.The charged body will induce a separation of charges in the uncharged body.The charged body will induce a separation of charges in the uncharged body.The charged body will induce a separation of charges in the uncharged body.
What is an example of unlike charges?
An example of unlike charges is a positively charged proton and a negatively charged electron in an atom. These charges attract each other due to their difference in charge.
Why is a neutral object attractred to a charged object?
A neutral object is attracted to a charged object because the charged object creates an electric field around it. This electric field causes the charges within the neutral object to separate, with the opposite charges being attracted to the charged object. As a result, the neutral object is pulled towards the charged object due to the attractive force between the opposite charges.
How does a charged comb induce a charge on nearby objects?
When a comb is charged by rubbing it against a material like wool, it becomes charged with either positive or negative charges. These excess charges on the comb create an electric field around it. When the charged comb is brought close to a neutral object, the charges on the comb repel or attract charges within the object, causing a redistribution of charges and inducing a charge on the object.
What are additional charges paid to the bank called?
Banks usually call these charges "fees".
Can charges be dropped after being charged?
Sometimes.
